The Ukrainian Hi-Tech Initiative has begun research for the “Central and Eastern Europe IT Outsourcing Review 2008”. The research will look at the state of the IT outsourcing market in Central and Eastern Europe.

The review will examine indicators of development in IT Outsourcing across central and Eastern Europe. The report will cover market volume, number of professionals, number of IT companies providing outsourcing services and individual labour costs to end users. This research will also look at the expert opinions about the impact of economic recession on global outsourcing development, particularly on the development of outsourcing in CEE region.

The Ukrainian Hi-Tech Initiative will work with various local bodies to collect and collate data on the region. Those involved include the Baltic Outsourcing Association, Hungarian Service and Outsourcing Association, Employers’ Association of the Software and Services Industry – ANIS (Romania), Bulgarian Web Association, and the Association of IT & Business Process Services Companies.

Valerica Dragomir, Executive Director at Employers’ Association of the Software and Services Industry (ANIS) commented, "The lack of analytical information about outsourcing services in CEE region prevents Central and Eastern European companies from demonstrating their potential in outsourcing services provision. That is why the decision of CEEOA to conduct the Central and Eastern Europe IT Outsourcing Review in an annual format will help the customers to receive a regular and reliable source of information on the development of IT outsourcing services market in the Central and Eastern Europe"

When complete, readers will be able to view the report at ITONews.eu, readers can also subscribe by emailing subscription(@)itonews.eu specifying “Central and Eastern Europe IT Outsourcing Review 2008” in the subject line.